ETHZilla acquires 20% stake in Karus to advance AI car loan tokenization
ChainCatcher news, ETHZilla Corporation (NASDAQ: ETHZ) announced the acquisition of a 20% fully diluted equity stake in AI automotive finance decision platform Karus, Inc., with a transaction amount of $8 million (comprising $3 million in cash and $5 million in stock). According to the agreement, ETHZilla will integrate Karus's AI-driven loan evaluation technology into its blockchain infrastructure to enable the tokenization of auto loan assets.
Karus's AI decision engine is based on more than 20 million historical auto loan data points, analyzing over 1,000 variables, and has processed more than $5 billion in auto loans. The first batch of tokenized portfolios is expected to launch in early 2026 and will be traded on the Liquidity.io platform.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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